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Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...
Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...
Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Oil prices and energy stocks have sold off due to weak demand and OPEC+ production unwinds. Find out why the long-term bull ...
The large increases from OPEC+ will push the global oil market into a large surplus from the fourth quarter of this year ...
Amid the recent downturn in oil prices, Halliburton has delivered fairly lackluster results, with revenue down 6.7% in its ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
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